I believe Lew Rockwell or at least website said something about Bitcoins.

Yeah, I saw an article on Lew Rockwell's site in mid 2010 about Bitcoin and was intrigued, but after downloading the client, I wasn't really sure what else to do so I just forgot about it. Terrible decision on my part, because I would have fully supported the economics behind it and possibly purchased some for cheap.

Yes, Lew Rockwell dot com (who also manages mises.org) has published a couple of very favorable articles about Bitcoin.

As a supporter of the austrian school of economics and a very early supporter of Bitcoin I wish a few austrians were not so caught up with gold. Gold is only useful because it allows monetary stability and that was the reason it was choosed by the market. But the market can choose more things that gold, like bitcoins. Also, gold and Bitcoin are complementary. I would not put all my savings in gold or bitcoins, but a mix of the two. Bitcoin is way more useful for internet transactions and its cheaper to store, but gold is probably more secure and it has a lot more tradition. They are both completementary. I am ashamed of some of the stupid reactions by a few austrian economists to Bitcoin. Hopefully they will come around, becuase austrian economics explains the dinamics of bitcoins like no other economic theory can.

Yes, Lew Rockwell dot com (who also manages mises.org) has published a couple of very favorable articles about Bitcoin.

As a supporter of the austrian school of economics and a very early supporter of Bitcoin I wish a few austrians were not so caught up with gold. Gold is only useful because it allows monetary stability and that was the reason it was choosed by the market. But the market can choose more things that gold, like bitcoins. Also, gold and Bitcoin are complementary. I would not put all my savings in gold or bitcoins, but a mix of the two. Bitcoin is way more useful for internet transactions and its cheaper to store, but gold is probably more secure and it has a lot more tradition. They are both completementary. I am ashamed of some of the stupid reactions by a few austrian economists to Bitcoin. Hopefully they will come around, becuase austrian economics explains the dinamics of bitcoins like no other economic theory can.

+1

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Austrians have a lot of good thoughts, but they tend to be religiously inflexible in their theories. Bitcoins shouldn't exist according to Austrian theory, so they cannot admit that they do. "What has to happen, according to this quoted authority" beats out "what actually is happening in real life." If you point this out, they'll just call you an empiricist (an insult, apparently) or demand you try to refute the theory.

Austrians have a lot of good thoughts, but they tend to be religiously inflexible in their theories. Bitcoins shouldn't exist according to Austrian theory, so they cannot admit that they do. "What has to happen, according to this quoted authority" beats out "what actually is happening in real life." If you point this out, they'll just call you an empiricist (an insult, apparently) or demand you try to refute the theory.

Bitcoin is completely compatible with Austrian theory. Many Austrian economists, unfortunately, simply do not understand it. Too many are stuck in gold standard dogma.

I'm an 'Austrian' (praxeologist, more generally) and I relized Bitcoins potential almost immediately. Tunnel vision is a condition that can befall anyone.

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

I'm really dissapointed that the Mises.org website has been completely ignoring Bitcoin. Does anyone here know any regular Mises.org contributors?

I've been on the Mises forum for a few months, and have followed it for a few years, but I'm far from a regular contributor. I go by a different handle there, and have been arguing with nearsighted idiots over the semantics of a "currency" and a "dollar proxy" for months.

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

Does anybody know of a good page that displays a detailed description of the economics of Bitcoin? I know a contributor to Mises.org. Maybe with some prodding and the proper research materials, he could give an Austrian analysis.

Does anybody know of a good page that displays a detailed description of the economics of Bitcoin? I know a contributor to Mises.org. Maybe with some prodding and the proper research materials, he could give an Austrian analysis.

If he actually understands Austrian Economics, then all he needs is to read bitcoin.org. As a student of "Human Action" myself, I understood right away the value of Bitcoin. Of course, he might need help on the technical side of things.